Voluntary Employees’ Beneficiary Association. 56.1 In accordance with state and federal law, the University and employees in the PSE bargaining units have agreed to form a Voluntary Employees’ Beneficiary Association (tax-free medical spending accounts) funded by a retiree’s sick leave cash out. 56.2 The University will maintain the Voluntary Employees’ Beneficiary Association until such time as it is altered by a vote as outlined in the University’s policy.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Voluntary Employees’ Beneficiary Association. 56.1 57.1 In accordance with state and federal law, the University and employees in the PSE bargaining units have agreed to form a Voluntary Employees’ Beneficiary Association (tax-free medical spending accounts) funded by a retiree’s sick leave cash out.
56.2 57.2 The University will maintain the Voluntary Employees’ Beneficiary Association until such time as it is altered by a vote as outlined in the University’s policy.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Voluntary Employees’ Beneficiary Association. 56.1 57.1 In accordance with state and federal law, the University and employees in the PSE bargaining units have agreed to form a Voluntary Employees’ Beneficiary Association (tax-free medical spending accounts) funded by a retiree’s sick leave cash out.
56.2 57.2 The University will maintain the Voluntary Employees’ Beneficiary Association until such time as it is altered by a vote as outlined in the University’s policy.. APPENDIX A
Appears in 1 contract
Samples: Collective Bargaining Agreement